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REGISTERED NUMBER: 04713129 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

M CALDERBANK LIMITED

M CALDERBANK LIMITED (REGISTERED NUMBER: 04713129)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M CALDERBANK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: M Calderbank





SECRETARY: WNJ Secretaries Limited





REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH





REGISTERED NUMBER: 04713129 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

M CALDERBANK LIMITED (REGISTERED NUMBER: 04713129)

BALANCE SHEET
31 MARCH 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,791 36,867

CURRENT ASSETS
Stocks 461,604 363,024
Debtors 5 113,530 492,558
Cash at bank and in hand 158,163 30,588
733,297 886,170
CREDITORS
Amounts falling due within one year 6 255,025 489,281
NET CURRENT ASSETS 478,272 396,889
TOTAL ASSETS LESS CURRENT
LIABILITIES

506,063

433,756

CREDITORS
Amounts falling due after more than one year 7 (22,000 ) (34,608 )

PROVISIONS FOR LIABILITIES (1,004 ) (2,460 )
NET ASSETS 483,059 396,688

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 483,058 396,687
SHAREHOLDERS' FUNDS 483,059 396,688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

M CALDERBANK LIMITED (REGISTERED NUMBER: 04713129)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 February 2024 and were signed by:





M Calderbank - Director


M CALDERBANK LIMITED (REGISTERED NUMBER: 04713129)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

M Calderbank Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 33% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - at variable rates on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

M CALDERBANK LIMITED (REGISTERED NUMBER: 04713129)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the company continues to adopt the going concern basis of accounting in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2022
and 31 March 2023 6,455 5,369 2,300 76,755 90,879
DEPRECIATION
At 1 April 2022 6,455 4,444 2,300 40,813 54,012
Charge for year - 93 - 8,983 9,076
At 31 March 2023 6,455 4,537 2,300 49,796 63,088
NET BOOK VALUE
At 31 March 2023 - 832 - 26,959 27,791
At 31 March 2022 - 925 - 35,942 36,867

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2022
and 31 March 2023 55,159
DEPRECIATION
At 1 April 2022 24,133
Charge for year 7,756
At 31 March 2023 31,889
NET BOOK VALUE
At 31 March 2023 23,270
At 31 March 2022 31,026

M CALDERBANK LIMITED (REGISTERED NUMBER: 04713129)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade debtors 112,498 491,526
Other debtors 1,032 1,032
113,530 492,558

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans and overdrafts 8,000 8,000
Hire purchase contracts 4,610 10,175
Trade creditors 89,132 262,518
Tax 29,315 63,031
Social security and other taxes 45,388 72,122
Directors' current accounts 76,580 64,673
Accrued expenses 2,000 8,762
255,025 489,281

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/23 31/3/22
£    £   
Bank loans - 1-2 years 22,000 30,000
Hire purchase contracts - 4,608
22,000 34,608

8. RELATED PARTY DISCLOSURES

M Calderbank received dividends of £31,300 (2022: £30,800) in the year.

9. ULTIMATE CONTROLLING PARTY

The company is under the control of M Calderbank by virtue of his shareholding.